Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.088%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$2022.015% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.051%+$5 · spread now +0.088%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.054% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TXNUSDT | 271.76 | 0 | get 0.0000% / 8h | 5h 40m | $298K | $461K | 25x |
| Short | Gate TXN_USDT | 272.00 | 0 | get 0.0000% / 8h | 5h 40m | $227K | $107K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.088% → +0.034%
- $5.4
- Slippage, 4 orders
- −$176.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$196.13
- Costs to cover
- 2.015%
- Break-even
- never at this rate
Slippage from Binance: live order book, 36 min ago; Gate: live order book, 16 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 36 min ago | 2.57 bp | 19.7 bp −$20 | 82.8 bp −$828 | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 min ago | 9.18 bp | 139.8 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
TXN on 7 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TXNUSDTlong | 0.0000% | 8h | 271.76 | long leg | $298K | $461K | 25x | |
| Bybit TXNUSDT | 0.0000% | 8h | 271.60 | −0.059% | $167K | $99K | 25x | as long as short |
| Gate TXN_USDTshort | 0.0000% | 8h | 272.00 | +0.088% | $227K | $107K | 20x | |
| Bitget TXNUSDT | 0.0000% | 8h | 271.80 | +0.015% | $154K | $105K | 20x | as long as short |
| Variational Omni TXN | 0.0000% | 8h | 271.73 | −0.012% | $20K | $13K | — | as long as short |
| Extended TXN-USD | +0.0040% | 1h | 271.05 | −0.261% | $41K | $12K | 10x | as long as short |
| HTX TXN-USDT | +0.0100% | 8h | 271.92 | +0.059% | $4K | $36K | 10x | as long as short |
Binance TXNUSDT
Gate TXN_USDT
Bybit TXNUSDT
Bitget TXNUSDT
Variational Omni TXN
Extended TXN-USD
HTX TXN-USDT